EQT (EQT) Value Creation Day 2026 summary

Strategic highlights and business developments

• Invested over EUR 30 billion and returned EUR 38 billion to clients in the past year, with a strategic leap into secondaries via the Coller Capital combination and selection as preferred manager for the EUR 5 billion Scaleup Europe Fund.

• Assets under management reached EUR 330 billion, with a diversified investor base of 1,700+ clients and expansion into private wealth and retail.

• Launched new funds and strategies, including AI Infrastructure, expanded into real estate and secondaries, and closed record-sized funds in Asia and Europe despite challenging fundraising environments.

• Continued focus on broadening the investor base, launching evergreen vehicles, and targeting to double fee-related AUM in secondaries within four years.

• Delivered 390%+ total shareholder return since IPO, with ~35% of realizations from public market exits and outperformance of MSCI World by ~80% in recent IPOs.

Financial performance and value creation

• Realized EUR 38 billion in distributions over the last 12 months, with 30% of NAV realized in equity strategies—three times the industry average.

• Galderma exit generated a capital gain of over $20 billion, the largest ever from a single investment out of a single fund in private equity history.

• Infrastructure portfolio delivered 11% top-line and 16% EBITDA growth in the last 12 months, with strong operational improvement focus.

• Anticimex achieved 350% revenue growth since 2015, 21% EBITA margin, and leads in digital pest control with over 600,000 smart devices deployed.

• Four business lines deliver industry-leading performance, with realized gross MOICs ranging from 1.7x to 2.7x and net IRRs from 15% to 20%.

AI and technology integration

• AI is positioned as the most important investment theme, driving a CapEx super cycle in data centers, power, and connectivity, with the launch of the AI Infrastructure Fund seeded by EdgeConneX.

• AI-centric management is prioritized across the portfolio, with systematic operationalization of AI and a dedicated digital and AI team of 35+ experts.

• Early investments in AI-native companies and infrastructure, such as Sana and EdgeConneX, provide access to talent and insights, supporting investments across the AI spectrum.

• Straive transformed from a BPO to an AI-first tech services business, doubling data revenue share and achieving 32% growth, with 27% margins.

• AI adoption frameworks and governance processes are embedded in portfolio management, with proprietary tools like Cortex and systematic measurement of AI-driven value creation.